Arthur Hayes forecasted a drop in Bitcoin prices around the halving, attributing it to tighter US dollar liquidity that could fuel a sell-off in crypto assets.
He anticipates that after May 1, a slowdown in Quantitative Tightening (QT) will realign with the typical pace of US inflation, potentially stabilizing the market.
The funding rate on BTC futures has reached its lowest level in recent weeks, and with the price back above $70,000, this is a bullish signal, because the higher the funding rate goes the less likely it is for a price to go up without a correction 💁♀️
Bitfinex Securities is launching a $6.25 million tokenized debt issue to construct a Hampton by Hilton hotel complex at El Salvador International Airport 🏨
A Montenegrin court once again approved the extradition of Do Kwon, leaving the decision to the Justice Minister, who has repeatedly sought Do Kwon's extradition to the United States ⚖️
Paraguay’s lawmakers have paused progress on a crypto mining ban and now considering the benefits of selling excess energy from its Itaipu hydropower plant to miners instead of exporting it to Brazil and Argentina 🔌
This is the LDO price chart vs the LDO market cap, notice anything? Yes, the price is lower than a few years ago 😕
• In June 2021 Lido was $2.60, with $60M market capitalization.
• Today Lido is $2.51, with 2.23 billion market capitalization.
Despite growing from nothing to over $30 billion of staked ETH in Lido protocol, LDO buyers made no money.
👉 That's why it's so important to study tokenomics. LDO doesn't rebase, there is no staking, and holders never get any revenue share of the Lido protocol
You can bet on a project that will become incredibly successful and grow thousands of times, but you will not earn a penny on the growth of its token 💀
According to Dune Analytics, as of April 5, a record 76% of all transactions on the Solana network are failing. However, as explained by the CEO of Helius, the majority of failed non-vote transactions were just "bot spam."